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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net loss $ (168,214) $ (145,279) $ (160,780)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 93,689 76,522 72,972
Amortization of deferred charges and debt guarantees 7,734 (900) 13,732
Equity in net losses (earnings) of affiliates 157,636 25,448 (47,878)
Net loss on loss of control of Golar Power 0 0 8,483
Dividends received 15,837 27,553 26,515
Compensation cost related to stock options 11,481 8,991 5,816
Net foreign exchange losses 1,997 1,620 1,429
Change in fair value of derivative instruments 38,610 (24,498) (26,644)
Amortization of deferred tax benefits on intra-group transfers 0 0 (1,715)
Impairment of non-current assets 0 0 1,706
Impairment of loan receivable 0 0 7,627
Change in assets and liabilities:      
Trade accounts receivable (49,938) (11,413) (567)
Inventories 402 (151) 987
Other current and non-current assets (13,532) (80,897) 14,615
Amounts due to related companies (16,540) (27,130) (9,444)
Trade accounts payable (24,813) 1,593 (28,511)
Accrued expenses 12,191 28,666 (3,410)
Other current and non-current liabilities [1] 40,164 99,886 9,680
Net cash provided by (used in) operating activities 116,674 (35,089) (115,387)
Investing activities      
Additions to vessels and equipment (33,111) (1,349) (14,477)
Additions to newbuildings 0 0 (19,220)
Additions to asset under development (116,715) (390,552) (200,821)
Additions to investments in affiliates (95,503) (123,107) (10,200)
Dividends received 33,185 25,113 29,002
Short-term loan granted 0 0 (1,000)
Proceeds from disposals to Golar Partners, net of cash disposed 9,652 70,000 107,247
Proceeds from loss of control of Golar Power, net of cash disposed 0 0 113,321
Net cash (used in) provided by investing activities (202,492) (419,895) 3,852
Financing activities      
Proceeds from short-term and long-term debt (including related parties) 1,177,748 928,432 405,817
Payment for capped call in connection with bond issuance 0 (31,194) 0
Repayments of short-term and long-term debt (including related parties) (994,874) (446,626) (271,858)
Financing costs paid (1,817) (1,564) (8,372)
Cash dividends paid (42,873) (20,438) (54,348)
Proceeds from exercise of share options 2,686 (1,167) 1,435
Purchase of treasury shares 0 0 (8,214)
Proceeds from issuance of equity 0 0 169,876
Acquisition of non-controlling interests 36,532 0 0
Net cash provided by financing activities 177,402 427,443 234,336
Net increase (decrease) in cash, cash equivalents and restricted cash 91,584 (27,541) 122,801
Cash, cash equivalents and restricted cash at beginning of period 612,677 640,218 517,417
Cash, cash equivalents and restricted cash at end of period 704,261 612,677 640,218
Supplemental disclosure of cash flow information:      
Interest paid, net of capitalized interest 29,832 34,479 24,828
Income taxes paid 1,469 1,240 555
Energy Related Derivative      
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Change in fair value of derivative instruments $ 9,970 $ (15,100) $ 0
[1] Includes accretion of discount on convertible bonds of $13.5 million, $11.8 million and $5.7 million for the years ended December 31, 2018, 2017 and 2016, respectively.